David Barry Accountants and tax advisers 020 8252 7018/07877671423
Corporation Tax
Profits effective to 31/03/11 £0-£300,000 21.0% (21%) £1,500,001 and over Payable 9 months after the accounting period
£300,001-£1,500,000 29.75% (29.75%) 28% (28%) Self assessment:
standard rate - currently 17.50% per cent, from 1 January 2010(formerly 15%)
comment: Although, a 2 and 1/2 % reduction seemed small (I thought so to) it does make a difference on multiple purchases. Therefore, I hope that you made sure that you purchased (if possible, of course) your equipment (especially major) before the deadline of 1 January 2010.
http://www.hmrc.gov.uk/rates/corp.htm
David Barry Accountants and tax advisers 020 8252 7018/07877671423